D Question 7 1 pts When the present value of the cash inflows exceeds the initial cost of a project, then the project should be: Accepted because the profitability Index is greater than 1. Accepted because the payback period is less than the required time period Accepted because the profitability Index is negative. Rejected because the internal rate of return is negative. Rejected because the net present value is positive. D Question 8 1 pts A project will produce cash inflows of $3,100 a year for 3 years with a final cash inflow of $4,400 in year 4. The project's initial cost is $10,400. What is the net present value if the required rate of return is 16 percent? $1.007.66 $311.02 51.650.11 $2.188.98 $1.168.02